Commerce Minister Jam Kamal Khan said the government is working on amending used car import schemes to curb commercial misuse and ensure that only genuine overseas Pakistanis benefit from them. The development came during a high-level meeting held at the Ministry of Commerce, co-chaired by Jam Kamal Khan and Special Assistant to the Prime Minister on Industries Haroon Akhtar Khan, to review pol
The Pakistan Stock Exchange (PSX) extended its losing streak for a fifth consecutive session on Tuesday, with equity investors losing another Rs239 billion as sentiment remained subdued despite the central bank maintaining its policy rate at 11 per cent in its fourth monetary policy review the other day. According to Topline Securities Ltd, the benchmark KSE-100 index traded in a volatile mann
In an unusual development, the World Bank on Tuesday improved Pakistan’s two critical economic indicators within a short gap – revised upward the current year’s economic growth projection to 3pc from 2.6pc and reduced poverty estimates to 22.5pc compared to 25.3pc last year, without taking into account the latest household integrated economic survey (HIES). As part of the regional development o
Scheduled banks’ investments rose by over Rs5.8 trillion during the first nine months of 2025, reflecting both their continued preference for government securities and the state’s growing financing needs. According to State Bank of Pakistan (SBP) data, total investments of scheduled banks stood at Rs35.85 trillion by September 2025, up from Rs30tr in January — an increase of 19.3 per cent. The
A special meeting of the Sugar Advisory Board was held under the co-chairmanship of Deputy Prime Minister Ishaq Dar and Federal Minister for National Food Security Rana Tanveer Hussain to review the sugar market situation, imported sugar stocks, and the closure of the S-Track portal. The deputy prime minister attended via Zoom, while the federal minister joined from the Lahore office of the Pakist